multiplex operation

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Noun1.multiplex operation - an operation in which two or more activities are interleaved
operation - (computer science) data processing in which the result is completely specified by a rule (especially the processing that results from a single instruction); "it can perform millions of operations per second"
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The system is meant to ensure competition at three levels: multiplex operation (licensee), transmission service (facility provider) and program provision (content provider).
With its 1998 launch, the nation's first multiplex operation, a joint venture between Oz-based Village Roadshow and domestic partner CJ Entertainment, known as CJ Village, has ushered a new era into what had been a rather dismal moviegoing experience.
But the new theaters didn't create new business; instead, they cannibilized the older, smaller multiplex operations.

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